Nordic Countries mainly made up of Denmark, Norway, Sweden, Iceland, Finland and Greenland. United States Outbound Tourism Market to Nordics is expected to cross US$ 1.5 Billion by the year 2024. Americans are travelling strongly, with nearly 7.5 percent year over year increase in outbound trips. Further, travel from America to Europe is thriving significantly with an increase of approx 15 percent year on year. American travelers are diversifying their overseas trips very rapidly.

China Travel Market to Nordics is expected to be more than US$ 500 Million by the end of year 2024. By 2024, the number of Chinese outbound tourists to Nordic Countries will be more than double from the current outbound tourists’ number in 2017; signaling a revolutionary change and opportunity for the global travel industry. More and More Chinese people are able to travel outside of their homeland as there has been an increase of average income and a less restrictive tourism policy. China has risen rapidly as a new major source of outbound tourists in the world and has become an important tourist market.

India Travel Market to Nordics will reach close to US$ 125 Million by the end of year 2024. With more than 1.25 Billion inhabitants and GDP increasing by more than 7% every year, India is the country that offers enormous potential to the outbound travel & tourism industry. Recognizing the importance of Indian Outbound Tourism market, foreign tourist boards are now leaving no stone turned to meet the growing demand of Indians that is by offering direct flights to Indian cuisines.

Indian Outbound Tourism Market is expected to surpass US$ 42 Billion by the end of year 2024. India is second largest most populous country in the world with the tag of fastest growing major economy globally. Renub Research report entitled “India Outbound Tourism Market, Tourists Purpose of Visit (Holiday, VFR (Visit Friends & Relatives), Business, Others) Tourists Spending, Countries (Hong Kong, Japan, Singapore, United States, United Kingdom, Thailand, Australia, Canada, South Africa, China, South Korea) & Forecast” is high-growth India Outbound Travel Industry.

China has witnessed rapid expansion of the outbound MICE tourism market. Chinese MICE tourists market in European region, Russia accounts for the highest share. Germany is the second leading country in 2014 being followed by France in the same year. Italy and Switzerland are competing closely with each other to grab maximum share of the pie. United Kingdom stands at the last position in terms of MICE tourists spending.
This is 3rd edition on China Outbound Tourism by Renub Research. The report titled “China Outbound Meetings, Incentives, Conferences, Exhibitions (MICE) Tourism Market to Europe & Forecast” provides a comprehensive analysis of the China Outbound MICE tourism market in Europe covering in detail various aspects such as MICE tourists visits, MICE tourists spending, and market share of the Chinese Outbound MICE tourists spending.

China Outbound Tourism Market is more than USD 200 Billion in 2016, to achieve this growth it has grown with a CAGR of 20.3%. As there has been an increase of average income and a less restrictive tourism policy, Chinese people are able to travel within and outside of their homeland. China has risen rapidly as a new major source of outbound tourists in the world and has become an important tourist market. By 2022, the number of Chinese outbound tourists will be more than double from the current outbound tourists’ number in 2016; signaling a revolutionary change and opportunity for the global travel industry.